administrative costs
aging
argentina
australia
budget
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Category=JKSG
Category=KFFD
chile
economics
economy
employment
england
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eq_society-politics
finance
government
income
individual accounts
investment
labor
mandate
mexico
nonfiction
pension trusts
personal financial decisions
policy
private
privatization
public
reform
retirement
saving
social security
taxation
united kingdom
Product details
- ISBN 9780226241029
- Weight: 680g
- Dimensions: 16 x 23mm
- Publication Date: 01 May 2000
- Publisher: The University of Chicago Press
- Publication City/Country: US
- Product Form: Paperback
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This volume presents one of the pressing policy issues of the moment: the privatization of social security. While social security encounters enormous fiscal pressure in the face of an ageing population, there has been relatively little published on the fundamentals of essential reform through privatization. The text fills this void by studying retirement benefits in systems based on individual saving in funded accounts. It begins with an introductory paper that argues for reform by overviewing the economic effects of social security and the system's current dire situation. The next chapters investigate how five different countries - Argentina, Australia, Chile, Great Britain, and Mexico - have experienced privatization of their social security systems. The final five papers consider the economics of a privatized social security system in the United States.
